Accounting & Commerce
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New answer posted
a year agoContributor-Level 6
Munger University admission criteria vary based on the desired course: for undergraduates a minimum of 50% in 12th grade is required, while for postgraduates, a minimum of 55% in a bachelor degree is necessary, The last date for PG admissions in 2024 is expected in the second week of July. Selection for the 2023-24 session will be based on 12th-grade marks. Upon seat allotment document verification at the college and fee payment via the university portal are mandatory steps for admission.
New answer posted
a year agoBeginner-Level 3
The placement report 2023 is yet to be released on the official website of the University. 80% of the recent batch of the University was successfully placed in reputed companies. The average package offered during the recent School for Distance Education, Bharathiar University placements stood at INR 2.2 LPA. The top recruiters of School for Distance Education, Bharathiar University placements included Haier, TCS, MRF, Google, Infosys, Wipro, Tech Mahindra, HCL Technology, etc.
New answer posted
a year ago
Contributor-Level 10
To pursue BCom course through Calicut University Common Admission Test (CUCAT), aspirants should have completed their Class 12 from Kerala State Board or a recognised board in Commerce stream and should have secured a minimum of 45% aggregate. With CUCAT, candidates can get admission in various other courses. Candidates are suggested to check the Shiksha's page to know about detailed eligibility criteria.
New answer posted
a year agoContributor-Level 10
There's no fixed passing score for the CFA Level 1 exam in India, or anywhere else for that matter. Instead, the CFA Institute uses a Minimum Passing Score (MPS) that varies from exam window to exam window. This means the bar for passing can shift slightly depending on the difficulty of the exam and the performance of the test-takers.
While the exact MPS remains confidential until results are released, historical data and analyst estimates can offer some guidance:
- Recent MPS estimates for CFA Level 1 in India:
- November 2023: 68%
- August 2023: 67%
- May 2023: 69%
- February 2023: 69%
- 12-year average MPS for CFA Level 1
New answer posted
a year agoContributor-Level 10
Choosing between a CFA and an MBA for investment banking depends on your individual goals and desired career trajectory. Here's a breakdown to help you decide:
| Aspect | CFA | MBA |
|---|---|---|
| Focus | Technical skills in investment analysis, portfolio management, and financial markets. | Broader business knowledge, leadership skills, and strategic thinking. |
| Career Path | Entry-level analyst roles like equity research, credit analysis, or portfolio management. | Broader range of roles including investment banking (M&A, IPOs, etc.), private equity, venture capital, or corporate finance. |
| Salary Potential | Can reach high levels in specialised roles, potentially higher in asset management. | Starts high but can reach even greater heights in leadership positions (CEOs, Managing Directors). |
| Work Style | Quantitative analysis, research, and attention to detail. | Deal-making, communication, negotiations, and teamwork. |
| Study Duration and Cost | Self-paced study, 3 exams over 1-2 years, costlier exam fees. | 2 years full-time program, high tuition fees, potential scholarships. |
| Network Building | Smaller, professional network focused on finance. | Extensive alumni network across various industries. |
- Choose CFA if: You have a strong quantitative background, prefer technical analysis, and want a specialised career path in investment analysis or portfolio management.
- Choose MBA if: You value broader business knowledge, leadership skills, and networking opportunities, and aspire to diverse roles in investment banking or other finance sectors.
New answer posted
a year agoContributor-Level 10
Deciding between CFA and FRM can be tricky - both are prestigious certifications in finance, but cater to distinct areas. Choosing the "better" one depends on your career aspirations and interests. Here's a breakdown to help you decide:
| Aspect | CFA | FRM |
|---|---|---|
| Focus | Investment analysis, portfolio management, financial research | Risk management, quantitative analysis, regulatory compliance |
| Career Paths | Investment banking, wealth management, asset management, research analyst | Risk management, quantitative analysis, internal audit, compliance officer |
| Exam Difficulty | Considered more challenging, multi-faceted, requires essay writing | Considered more quantitative, focused on calculations and applications |
| Global Recognition | Highly recognised globally, opens doors to international opportunities | Strong recognition in risk management circles, particularly in financial institutions |
| Salary Potential | Can reach upper limits of finance careers, potentially higher in investment banking | Varies depending on experience and role, but generally high in risk management specialties |
Overall:
- Choose CFA if: You're passionate about investment analysis, portfolio construction, and aspire to roles in asset management or investment banking.
- Choose FRM if: You enjoy quantitative analysis, risk management, and want to specialize in areas like credit risk, operational risk, or compliance.
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